Turning Point Brands (TPB) Work In Process (2020 - 2024)

Turning Point Brands (TPB) reported Work In Process of $37.8 million for Q3 2024, down 28.78% year-over-year from $53.0 million in Q4 2023, and down 9.28% quarter-over-quarter from $41.6 million in Q2 2024.

Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends

Turning Point Brands (TPB) has 5 years of Work In Process data on file, last reported at $37.8 million in Q3 2024.

  • Work In Process for Q3 2024 came in at $37.8 million, down 28.78% year-over-year; the trailing twelve-month figure through Sep 2024 was $37.8 million (down 28.78% YoY), and the FY2023 annual result was $34.9 million, down 19.72% from the prior year.
  • Work In Process slipped to $37.8 million in Q3 2024 per TPB's latest filing, from $41.6 million in the prior quarter.
  • Over five years, Work In Process peaked at $55.8 million in Q2 2023 and troughed at $32.9 million in Q4 2020.
  • A 5-year average of $42.5 million and a median of $41.5 million in 2024 frame the typical range for Work In Process.
  • The sharpest annual moves came in 2022 and 2024: Work In Process climbed 21.18% in 2022, then retreated 28.78% in 2024.
  • A 5-year view of Work In Process shows it stood at $32.9 million in 2020, then increased by 8.96% to $35.9 million in 2021, then gained by 21.08% to $43.5 million in 2022, then slipped by 19.72% to $34.9 million in 2023, then gained by 8.22% to $37.8 million in 2024.
  • Business Quant data shows TPB's Work In Process at $37.8 million in Q3 2024, $41.6 million in Q2 2024, and $41.5 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00

Historic Data

Download Data
DateValue
Sep 30, 2024 37.76 Mn
Jun 30, 2024 41.62 Mn
Mar 31, 2024 41.46 Mn
Dec 31, 2023 34.89 Mn
Sep 30, 2023 53.02 Mn
Jun 30, 2023 55.79 Mn
Mar 31, 2023 40.13 Mn
Dec 31, 2022 43.47 Mn
Sep 30, 2022 46.23 Mn
Jun 30, 2022 49.16 Mn
Mar 31, 2022 47.73 Mn
Dec 31, 2021 35.90 Mn
Sep 30, 2021 38.15 Mn
Jun 30, 2021 40.78 Mn
Mar 31, 2021 41.71 Mn
Dec 31, 2020 32.95 Mn